Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2025; threshold 65 %.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
SPA 59 from Leuven, company number BE0648588025, closed financial year 2025 with a result of € 44,393 after tax. For that financial year SPA 59 recorded a gross margin of € 119,026 and equity of € 275,551. Compared with financial year 2024, the result moved from € 44,318 to € 44,393. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 275,551
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 44,393
Profit after tax over the fiscal year.
€ 25,866
▼ 15% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 165,551.
Debts at end 2025
€ 858,819
▼ 9% vs 2024
€ 55,673 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 1,298
▼ 66% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 95,821 | € 109,903 | € 113,096 | € 119,026 | ▲ 5% |
| Profit after taxes | € 31,057 | € 44,558 | € 44,318 | € 44,393 | |
| Equity | € 142,282 | € 186,840 | € 231,158 | € 275,551 | ▲ 19% |
| Total debts | € 1,178,044 | € 1,057,382 | € 978,255 | € 888,329 | ▼ 9% |
| Cash | € 59,442 | € 24,283 | € 30,435 | € 25,866 | ▼ 15% |
| Land & buildings | € 1,260,667 | € 1,219,695 | € 1,178,723 | € 1,137,751 | ▼ 3% |
| Retained profit | € 32,282 | € 76,840 | € 121,158 | € 165,551 | ▲ 37% |
| Bank debt | € 839,229 | € 1,026,516 | € 943,450 | € 858,819 | ▼ 9% |
| Balance sheet total | € 1,320,326 | € 1,244,222 | € 1,209,413 | € 1,163,879 | ▼ 4% |
Key figures of SPA 59, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to SPA 59?
What happened at SPA 59 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 44,393. Source: NBB ↗
- New establishment in Leuven. KBO
- Pieter VANHOUT became a director. NBB
- Bruno DUFAYS became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 31,057 profit in 2022 to € 44,393 profit in 2025.
Paid € 31,057 in corporate taxes since 2022.
Best year ever: 2023, with € 44,558 profit.
A new publication or filing at SPA 59? We notify you, reason included.
Follow SPA 59Databakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of PVMA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SPA 59Behind SPA 59 are Pieter VANHOUT and Bruno DUFAYS. The shares are held by PVMA (25%).
Directors
According to the 2025 annual accounts
Pieter VANHOUT
Director
Also active at: Craeyenhof, CIRIL, DOK DEVELOPMENT, S3H, DEMCOR, PVMA, BONNEFANT, DAM 71 +10 more
since 2016
since 2016
Shareholders
25%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Brouwersstraat 7-D000
3000 Leuven
Brouwersstraat 7 box D000
3000 Leuven
Active since 3 March 2016
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0648.588.025
- VAT number
- BE 0648.588.025
- Registered office
- Brouwersstraat 7-D000, 3000 Leuven
- Names & denominations
- SPA 59
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 February 2016
- Peppol
- Not registered